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Global Golf Clubs Market 2016-2020

About the Golf Clubs Market

A golf club has a slender shaft with a grip and a club head made of metal or wood. It is an integral part of golf equipment. Various types of golf clubs used by golfers are woods, used for long-distance shots; irons, used for a variety of shots; putters, used to roll the ball into the hole; and wedges, a category of irons used for short-distance, highly-accurate, and high-altitude utility shots. These clubs primarily differ in their loft (the angle) between the vertical plane of the club and the club face. Generally, a set of golf clubs is a combination of different clubs so that the players can select a club appropriate for the required shot.

Technavio’s analysts forecast the global golf clubs market to grow at a CAGR of 2.12% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global golf clubs market for 2016-2020.

The market is divided into the following segments based on geography:

  • North America
  • APAC
  • Europe
  • ROW
Technavio's report, Global Golf Clubs Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bridgestone Golf
  • Callaway Golf Company
  • Nike
  • TaylorMade Golf Company
Other prominent vendors
  • Cobra Golf
  • Mizuno
  • Ping
  • Wilson
  • Yonex
Market driver
  • Increased disposable income
  • For a full, detailed list, view our report
Market challenge
  • Seasonality of sport
  • For a full, detailed list, view our report
Market trend
  • Rising number of ultra-HNIs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

  • Press Release

    Technavio Announces the Publication of its Research Report – Global Golf Clubs Market 2016-2020

    Technavio recognizes the following companies as the key players in the Global Golf Clubs Market: Bridgestone Golf, Callaway Golf Company, Nike, Bridgestone Golf, and TaylorMade Golf Company.

    Other Prominent Vendors in the market are: Cobra Golf, Mizuno, Ping, Wilson, and Yonex.

    Commenting on the report, an analyst from Technavio’s team said: “Golf tourism is evolving as a billion-dollar industry. Many experienced and amateur golfers travel to popular golf tourism destinations. The GCC countries have become popular for the golf tourism and entertainment markets, driven by the availability of state-of-the-art facilities.”

    According to the report, the growth in urbanization and the number of dual-earning households have led to a worldwide increase in disposable income. The rise in the number of dual-earning households has exponentially increased the overall household income, allowing consumers to spend more on luxury sports and services. In developing countries, the per capita disposable income has stabilized, driven by an increase in the percentage of working women.

    Further, the report states that golf turf management is also difficult due to seasonal changes. The demand for water to irrigate the turf increases during the summer. This can be a concern for regions with limited water resources. These factors have a significant impact on the production and distribution of golf equipment. Also, changing climatic conditions force vendors to adjust their inventory and delay product launches.



    Companies Mentioned

    Bridgestone Golf, Callaway Golf Company, Nike, Bridgestone Golf, TaylorMade Golf Company, Cobra Golf, Mizuno, Ping, Wilson, Yonex.

  • Executive summary
    • Highlights
  • Scope of the report
    • Scope of study
    • Vendor segmentation
    • Common currency conversion rates
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Golf industry: An overview
    • Market overview
      • Table Golf industry ecosystem
      • Table Global golf statistics 2015
      • Table Cumulative supply of 18-hole equivalents (HEQ) in US 2000-2014
      • Table Number of golfers in US 2010-2014 (millions)
      • Table Average number of registered golfers in Europe 1995-2014 (millions)
      • Table Distribution of registered golfers in Europe 2014
      • Table Golfers in Europe in 2015
  • Market landscape
    • Market overview
      • Table Global golf clubs market overview
    • Market size and forecast
      • Table Global golf clubs market 2015-2020 ($ billions)
      • Table Gross domestic savings (% of GDP) in BRIC countries 1996-2015
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global golf clubs market segmentation by product 2015
    • Global woods market
      • Table Global woods market 2015-2020 ($ billions)
    • Global irons market
      • Table Global irons market 2015-2020 ($ billions)
    • Global putters market
      • Table Global putters market 2015-2020 ($ millions)
    • Global wedges market
      • Table Global wedges market 2015-2020 ($ millions)
  • Geographical segmentation
    • Global golf clubs market by geography
      • Table Global golf clubs market segmentation by geography 2015-2020
      • Table Golf clubs market segmentation by geography 2015-2020 ($ billions)
    • Golf clubs market in North America
      • Table Golf clubs market in North America 2015-2020 ($ billions)
      • Table Segmentation of US golfers by annual rounds 2014
      • Table Segmentation of US golfers by age 2014
    • Golf clubs market in APAC
      • Table Golf clubs market in APAC 2015-2020 ($ billions)
    • Golf clubs market in Europe
      • Table Golf clubs market in Europe 2015-2020 ($ billions)
      • Table Number of registered golfers in Europe 1990-2014 (millions)
      • Table Top golfing countries in Europe 2015
    • Golf clubs market in ROW
      • Table Golf club market in ROW 2015-2020 ($ millions)
  • Market segmentation by distribution channels
    • Global golf clubs market segmentation by distribution channel
      • Table Global golf clubs market segmentation by distribution channel 2015
  • Market drivers
    • Table Household income of golfers in US 2014
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Number of ultra-HNIs in selected countries 2015
  • Vendor landscape
    • Competitive scenario
    • Bridgestone Golf
    • Callaway
    • Nike
    • TaylorMade Golf
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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